NET INCOME PER SHARE

12 Months Ended

Jan. 31, 2023

Net income per common share:

NET INCOME PER SHARE

10. NET INCOME PER SHARE

The following table sets forth the computation of basic and diluted net income per share as follows:

	Years Ended January 31, (000’s except share information)
	2023		2022
Numerator – Net Income	$	1,873	$	11,372
Denominator for basic net income per share (weighted-average shares which reflect 1,330,694 and 939,705 treasury shares at January 31, 2023 and 2022, respectively)		7,562,187		7,900,131
Effect of dilutive securities from restricted stock plan and from dilutive effect of stock options		175,776		153,745
Denominator for diluted net income per share (adjusted weighted average shares)		7,737,963		8,053,876
Basic net income per share	$	0.25	$	1.44
Diluted net income per share	$	0.24	$	1.41